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MultiSensor AI Holdings (MultiSensor AI Holdings) Return-on-Tangible-Equity : -2,870.63% (As of Mar. 2024)


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What is MultiSensor AI Holdings Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. MultiSensor AI Holdings's annualized net income for the quarter that ended in Mar. 2024 was $-15.69 Mil. MultiSensor AI Holdings's average shareholder tangible equity for the quarter that ended in Mar. 2024 was $0.55 Mil. Therefore, MultiSensor AI Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was -2,870.63%.

The historical rank and industry rank for MultiSensor AI Holdings's Return-on-Tangible-Equity or its related term are showing as below:

During the past 3 years, MultiSensor AI Holdings's highest Return-on-Tangible-Equity was 52.13%. The lowest was 0.00%. And the median was 52.13%.

MSAI's Return-on-Tangible-Equity is not ranked *
in the Software industry.
Industry Median: 7.995
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

MultiSensor AI Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for MultiSensor AI Holdings's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MultiSensor AI Holdings Return-on-Tangible-Equity Chart

MultiSensor AI Holdings Annual Data
Trend Dec21 Dec22 Dec23
Return-on-Tangible-Equity
52.13 - -

MultiSensor AI Holdings Quarterly Data
Dec21 Mar22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Return-on-Tangible-Equity Get a 7-Day Free Trial - - - -2,776.08 -2,870.63

Competitive Comparison of MultiSensor AI Holdings's Return-on-Tangible-Equity

For the Software - Infrastructure subindustry, MultiSensor AI Holdings's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MultiSensor AI Holdings's Return-on-Tangible-Equity Distribution in the Software Industry

For the Software industry and Technology sector, MultiSensor AI Holdings's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where MultiSensor AI Holdings's Return-on-Tangible-Equity falls into.



MultiSensor AI Holdings Return-on-Tangible-Equity Calculation

MultiSensor AI Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-22.268/( (-8.209+-0.268 )/ 2 )
=-22.268/-4.2385
=N/A %

MultiSensor AI Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=-15.688/( (-0.268+1.361)/ 2 )
=-15.688/0.5465
=-2,870.63 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


MultiSensor AI Holdings  (NAS:MSAI) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


MultiSensor AI Holdings Return-on-Tangible-Equity Related Terms

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MultiSensor AI Holdings (MultiSensor AI Holdings) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
2105 West Cardinal Drive, Beaumont, TX, USA, 77705
Infrared Cameras Holdings Inc manufactures and distributes infrared camera systems (hardware and software) for thermographic use in a variety of industrial applications. The company also provides software and services, including training, calibration, and repairs for its customers. Most of the company's customers are in the United States and operate in the oil and gas, distribution and logistics, manufacturing, and utility sectors.

MultiSensor AI Holdings (MultiSensor AI Holdings) Headlines

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